BTC broke 77,000, leading to net outflow from ETH ETF in three days, Zcash bucked the trend and attracted gold

According to Woofun AI, after the Federal Reserve raised interest rates for the first time since 2023, the traditional financial market rebounded due to falling oil prices, and the cryptocurrency trend was in sync with the stock market rather than leading it. The price of Bitcoin broke through the $77,000 mark and was reported at $77,216, becoming the core anchor of the market.

According to data compiled by Woofun AI, spot Ethereum ETFs were withdrawn for the third day in a row, with a net outflow of about $39 million on Thursday, after net outflows of around $224 million and $141 million on Wednesday and Tuesday, respectively.

Although the price of Ethereum rose 2% to about $2,470, and the size of its related fund assets was still more than $1.5 billion higher than Bitcoin in the 30-day data, Ripple-related ETFs also lost about $5 million, with only a small inflow of funds the previous day. In contrast, Bitcoin ETFs attracted around $159 million in capital inflows, up more than 1%.

The more critical variable is that the only Zcash ETF (ZCSH.US) in the US market attracted nearly $47 million in capital, the best performance in a month. So far, this type of ETF has attracted more than $230 million in capital inflows. Zcash had the highest increase of 10%, with a price of around $1,488; the HYPE cryptocurrency launched by Hyperliquid rose nearly 10%, slightly above $86; Solana rose 5%, and the price was close to $105; BNB rose by about 4%, and the price was around $750; Dogecoin increased by about 4%; and there was almost no change in Tron (Tron).

In traditional markets, the S&P 500 rose about 1%, the biggest increase in six weeks; the Nasdaq 100 index rose nearly 2%; and chipmaker-related indices rose 3%. The yield on 10-year US Treasury bonds declined, ending an eight-day upward trend; the US dollar exchange rate was generally stable; the price of gold rose; and the price of Brent crude oil fell below $105 per barrel. The fall in oil prices has eased inflationary pressure brought about by the Federal Reserve's interest rate hike, prompting bonds and stocks to rise together.

It is worth noting that when the two largest Bitcoin ETFs have capital outflows, Zcash ETF (ZCSH.US) is attracting capital inflows. Whether this situation can continue for the next week is the focus of attention.